205 ILCS 620/1-5.02

205 ILCS 620/1-5.02
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(205 ILCS 620/1-5.02) (from Ch. 17, par. 1551-5.02) Sec. 1-5.02. "Capital" shall have the meaning ascribed to the term "capital" or "paid-in capital" in the particular Act under which the corporate fiduciary was organized and received its charter or certificate of incorporation. (Source: P.A. 88-408.)
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.ilga.gov/legislation/ilcs/ilcs.aspFetched: 10/17/2026

Starting a business in Illinois? Illinois LLC guide: costs and requirements